Compliance and Licensing Officer

PayCompliance is a compliance consulting and corporate service provider for the payments industry. We consult on compliance matters and the regulatory framework including anti-money laundering in Hong Kong, Singapore, Lithuania, and the UK. We also help financial institution startups to obtain a license for their banking or non-banking financial activities across multiple jurisdictions. For our Asian team, we are looking for a part-time/full-time Compliance and Licensing Officer in the Philippines.

Responsibilities

Research financial services laws and compliance and licensing regulations in multiple jurisdictions

Create business plans and co-manage financial license applications for banks and non-banks

Provide ongoing compliance support to Payment Service Providers including transaction monitoring and reviews

Conduct EDD KYC assessments on Respondent banks on behalf of a Correspondent Bank

Review compliance programs and create compliance reports and documentation

Provide training and education to internal and external clients

Assist in compliance reviews and compliance audits

Requirements

You have a banking or financial services background

You have a general understanding of correspondent banking and payments

You have the ability to read and extract relevant information from lengthy legal documents.

You have experience in dealing with financial regulators

Strong attention to detail and accuracy. Being organized and structured at work.

A certain level of having an investigative nature will be helpful.

Strong verbal and written communication skills for a diversified and multicultural work Upgrade to see actual infolf-driven and flexible to work in different areas of the business

Knowledge of the financial regulatory ecosystem in the UK, Lithuania and Hong Kong would be beneficial

Education, Certifications and/or Other Professional Credentials

Bachelor’s Degree in Business, Finance or Law with 2 - 3-year experience performing analysis/research function or project management preferably in Financial Services preferred.

Top English writing and reading skills and upper-intermediate communication skills.

Benefits

Competitive remuneration based on qualifications and seniority;

Dynamic and involving job in a modern working environment;

*Working hours is between 8 AM PH Time and 10 PM PH Time.